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Draftsmen & Craftsmen 8/14/14 San Diego State University has begun work on a $53 mil renovation of its Zura residence hall. The design-build project is being done by Balfour Beatty Construction. It will provide upgrades and enhancements to the student hou...
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Leasing Activity Strong in the Carson/Rancho Dominguez/ 91 Freeway Corridor submarket of L.A.’s South Bay 8/01/14 Despite ongoing low levels of inventory in the Carson/Rancho Dominguez/ 91 Freeway Corridor submarket of Los Angeles’s South Bay, total square footage of industrial space leased or sold through the first half of 2014 has alre...
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CBRE Unveils Its Workplace360 in Ontario 7/31/14 CBRE unveiled a new office in Ontario as part of its global “Workplace360” initiative. The “free address” office incorporates leading-edge workspaces designed to support the way employees work today and in the future through ...
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California Recovery Lifting Office, Industrial and Multifamily Real Estate in the State 7/24/14 New commercial space is expected to increase through 2017 across most California real estate markets, thanks in part to job growth and goods moving through the state’s ports. The outlook is based on the recent Allen Matkins/...
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CLEO Construction Management is Acquired by JLL 7/21/14 JLL has acquired CLEO Construction Management (CLEO), a prominent construction project management services firm that specializes in medical facilities. According to JLL, the transaction will enable them to provide a broader r...
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San Diego Office Market Sees Over 200k sf of Positive Net Absorption for 2nd Quarter 2014 7/18/14 Here is a mid-year review of the San Diego office market, provided by the San Diego regional office of real estate services firm Colliers International:
MARKET OVERVIEW
The San Diego office market posted a successful second...
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CA Home Prices May Be Stabilizing 7/17/14 Lower interest rates and stabilizing home prices combined to boost home sales in June, according to the California Association of Realtors® (C.A.R.). However, diminished home affordability remains a challenge for buyers, part...
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AIR Prez Jason Jamison Comments on LA-Area Industrial Market 6/26/14 At the start of 2014, Jason Jamison, president of the AIR Commercial Real Estate Association (AIR), declared while taking office that the L.A. area’s industrial real estate market is robust with leasing and sale activity. He...
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Premier Business Centers Participating in Suits For A Cause 6/23/14 From now through June 30th, Premier Business Centers will participate in Suits For A Cause, an annual clothing drive sponsored by the Southern California legal and financial communities to support the clients of WHW. WHW (Wom...
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Low Inventory and Affordability Issues Tempering CA Home Sales 6/18/14 California home sales eased slightly in May as a shortage of homes and housing affordability concerns held back would-be home buyers, according to the latest research provided to us by the California Association of Realtors® ...
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UCLA Anderson Forecast Says New Home Construction Returning to Normal in California 6/12/14 UCLA Anderson Forecast’s second quarterly release of 2014 picks up where the March forecast left off, calling for “normal growth” in the three percent range through 2016. In California, the unemployment rate will continue to ...
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First Quarter 2014 Snapshot of Downtown San Diego Office Market 6/03/14 Here’s a brief look at the Downtown San Diego office market as of the first quarter of 2014. This summary is the introduction to a more extensive update on the market, provided by real estate services firm CBRE.
• Downtown S...
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April CA Housing Market Sees Sales and Prices Increase from March 5/16/14 California’s housing market continued to perform better than expected in April with both the median home price and home sales increasing month to month, per month-end data from the California Association of Realtors® (C.A.R.)...
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CBRE Transitioning to “Free Address” Offices Across the Globe 5/15/14 CBRE has just unveiled two new offices in San Diego County as part of its global “Workplace360” initiative. The “free address” offices incorporate leading-edge workspaces designed to support the way employees work today and i...
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Northwest Hotel Corporation Starts Work on Anaheim Courtyard by Marriott 5/13/14 Northwest Hotel Corporation has begun construction on a six-story, 221-room Courtyard by Marriott hotel in Anaheim, within walking distance of the Disneyland theme park. Irvine-based R.D. Olson is the general contractor for t...
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John Kilroy Jr. Talks About the Industry After Receiving IREM-OC’s First Ever Icon Award 5/09/14 By Steve Bloom
Recently, on April 30th, I had the pleasure of attending the Orange County chapter of the Institute of Real Estate Management's (IREM-OC) inaugural Icon event, where they presented John Kilroy Jr. of Kilroy Re...
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Max Friedman Joins Dekel Capital 5/06/14 Max Friedman has joined Dekel Capital as Senior Vice President, where he will focus on arranging debt and equity for the acquisition and refinancing of commercial real estate assets nationally. Dekel Capital is a Los Angeles-...
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CA Home Short Sales Fall to Lowest Level Since 2008 4/24/14 In an encouraging sign for a healthier spring home-buying market, California pending home sales increased more than usual and rose to the highest level in eight months. Meanwhile, the share of short sales has fallen to level...
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Lew Horne Named President, Greater Los Angeles-Orange County Region at CBRE 4/23/14 Lewis Horne has been promoted to President, Greater Los Angeles-Orange County Region at giant real estate services firm CBRE Group Inc.
“This is a well-deserved promotion for Lew,” said Cal Frese, Chief Executive Officer, A...
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Some Industrial Buildings Exempted from New California Energy Commission Regulations 4/17/14 Responding to inquiries from commercial real estate professionals regarding the scope of new regulations for industrial buildings stemming from the recently implemented energy consumption disclosure requirements in California...
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